UK pension fee cap to cost insurers £1bn

Claim that costs could be much higher than official £200m estimate

Amlin plc announced this morning that it would acquire Fortis Corporate Insurance from the State of the Netherlands for €350 million. L-R; Patrick Coene, CEO of Fortis Corporate Insurance and Charles Philipps, CEO of Amlin plc.

Amlin chief predicts insurance shake-up

Consolidation expected as growing competition eats into returns

‘What-if’ musings that drive leaders mad

The heroic all-or-nothing strategic decision is largely a fiction

UK insurance: hard driving

Times are tough with premiums falling and claims still rising

Drop in annuities demand hits UK insurers

Investors should look at new business value to reveal the decline

Pru to invest £100m in fresh initiatives

UK’s biggest life assurer becoming a ‘fund supermarket’

Warning over pension products

But executives still expect rush of innovation

Be honest about Network Rail’s £34bn debt

The government must be transparent about railway funding

Partnership defends financial stability

Annuity specialist still financially sound despite pensions change

Investors question Admiral bond offering

Concerns over insurer’s reliance on reserve funds

Brit targets aviation insurance

Insurer plans to take advantage of sharp rise in premiums

Trade bodies left existentially tested

It is time for reinvention or they will disappear

Saga takes majority stake in luxury rival

Pru chief laments missed AIA opportunity

Thiam says $36bn bid for Asian rival was a ‘once in a lifetime opportunity’

Thiam risks joining the establishment

We will never know if Pru would have performed better with AIA

Fed gives preview of future non-bank scrutiny

AIG and GE supervision provides clues to possible future regime

Insurer reviews war zone cover for flights

Rift between airlines on route safety dismays Lloyd’s group

UK insurers warned over pension exit fees

Industry heavyweight says savers have right to early access

Weakest Asia showing for Pru since 2007

Strong pound knocks about a seventh off profits at division

Allianz profits up despite Pimco outflows

Insurer benefits from lower number of natural catastrophes


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